U.S. Treasury yields climbed on Monday morning, signaling growing market confidence that an economic recovery is close, following the coronavirus pandemic. The yield on the benchmark 10-year Treasury note rose to 1.369% at 3:45 a.m. ET, while the yield on the 30-year Treasury bond advanced to 2.162%. Yields move inversely to prices. The White House said it expects to finish sending out millions of doses of coronavirus vaccines this week, after a sweeping winter storm disrupted its distribution logistics.
Source: CNBC – Bonds
